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Economic Impact on S'pore? - Wuhan Virus vs SARS Outbreak.


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2 hours ago, Lava said:

I still don't quite understand why people stock up toilet paper?

like $, it gives people a sense of dignity of being a human being

do you see any other species in the animal kingdom using these 2 items in their daily lives?

🤣

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1 hour ago, Tianmo said:

more than 10 years ago, many factories were already trying to diversify out of china, but those other countries just could not catch up. And as china manufacturing continue to grew, the supply chain  makes it even harder to not produce in china as far as quality and speed is concern. 

Hopefully things might change, but it will take alot of will powder and acceptance to do it. [laugh][laugh][laugh]

Even raw material of medicine could be coming from PRC.

Some medicine might run out due to broken supply chain.

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6 minutes ago, inlinesix said:

Even raw material of medicine could be coming from PRC.

Some medicine might run out due to broken supply chain.

I guess TCM medicine might run out soon since most of these medicine come from PRC?!

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8 minutes ago, inlinesix said:

Even raw material of medicine could be coming from PRC.

Some medicine might run out due to broken supply chain.

issue with putting most of the eggs in one basket, but with the improve in quality, economy of scale, price, speed and good supply chain management, really not easy not to make in PRC. 

yah even ang moh medicine also quite dependence on PRC supply, they just messed up almost everything...[laugh][laugh][laugh]

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3 minutes ago, 13177 said:

I guess TCM medicine might run out soon since most of these medicine come from PRC?!

What I said is those Doctors prescribe to you.

NOT herbal medicine.

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Just now, Tianmo said:

issue with putting most of the eggs in one basket, but with the improve in quality, economy of scale, price, speed and good supply chain management, really not easy not to make in PRC. 

yah even ang moh medicine also quite dependence on PRC supply, they just messed up almost everything...[laugh][laugh][laugh]

The joke is US FDA thought that they have diversify supply chain with China and India.

When US FDA dug deeper, raw material from India also depends on raw material from China.

😂😂🤣🤣

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https://sg.finance.yahoo.com/news/boeing-leaves-singapore-empty-handed-unlike-the-sanitizer-thief-094941855.html

Boeing leaves Singapore empty-handed, unlike the sanitiser thief

"The priorities at Asia’s flagship aviation event were a far cry from normal. Many companies didn’t even show up because of concern over the virus, which has infected more than 60,000 people and killed 1,380, primarily in China. Attendance was thin and the executives who did attend headed for the door soon after finishing their meetings. The organisers advised attendees to avoid hand contact, leading to awkward greetings and elbow bumps.

Boeing Co., which is bedeviled with the 737 Max grounding and failed to sign any orders at all in January, didn’t announce any deals. Neither did Airbus SE, beyond its helicopter unit selling some trainer aircraft to the Thai military. A highlight of the show was PNG Air ordering three ATR 42-600S aircraft. Last year’s Paris Air Show heralded 610 commitments for new planes between Boeing and Airbus SE alone. A year earlier in Farnborough, England, there were almost 1,000 orders worth $141 billion.

By Thursday afternoon, the third day of the Singapore show, many company booths were empty. Some had closed shop after the first day. There was hardly a soul at the static display area. Even pilots, who tend to enthusiastically show off private jets to the ultra-rich at air shows, were nowhere to be found. At least one company said executives who came to the event from overseas will have to go through self-quarantine upon their return."

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simi impact? property viagra is unbeatable ... 

already tame demand hor ... sekali ah gong reduce taxes only ... release the KRAKEN [laugh] 

1C224F49-ADB0-4F8F-BDE4-E77E4DA9516A.jpeg

Edited by Wt_know
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MOF bite the dust .... 

this one surely not just because of Covid-19 but self destruct .... expand too fast too furious just like the $1.99 founder ...

Daiso $2 is doing great ... means $2 shop works if managed properly?

2020-03-03_083007.jpg

2020-03-03_083043.jpg

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On 2/17/2020 at 1:30 PM, Enye said:

like $, it gives people a sense of dignity of being a human being

do you see any other species in the animal kingdom using these 2 items in their daily lives?

🤣

Words of the wise Sifu, really meaningful

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(edited)
5 hours ago, Wt_know said:

MOF bite the dust .... 

this one surely not just because of Covid-19 but self destruct .... expand too fast too furious just like the $1.99 founder ...

Daiso $2 is doing great ... means $2 shop works if managed properly?

2020-03-03_083007.jpg

2020-03-03_083043.jpg

Classic failure story that has been repeated again and again.

same for individuals, bite of more than you can chew, confirm get choked and die, if not dead, also paralysed lah....

but $4.8mil only, not a lot leh , should be able to pay mah... or pay some to save some

Edited by Throttle2
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5 hours ago, Wt_know said:

MOF bite the dust .... 

this one surely not just because of Covid-19 but self destruct .... expand too fast too furious just like the $1.99 founder ...

Daiso $2 is doing great ... means $2 shop works if managed properly?

2020-03-03_083007.jpg

2020-03-03_083043.jpg

 

F&B and retail usually are the worse hit, HDL boss wealth going to drop all the way from #1 to bottom. 

 

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(edited)
7 minutes ago, Jman888 said:

F&B and retail usually are the worse hit, HDL boss wealth going to drop all the way from #1 to bottom. 

yeah .... fakenews eat curry can kill corona ... MALA cannot meh? LOL

Edited by Wt_know
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51 minutes ago, Jman888 said:

 

F&B and retail usually are the worse hit, HDL boss wealth going to drop all the way from #1 to bottom. 

 

HDL got bank loan to tide him through.

PRC China somemore 

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2 hours ago, noobcarbuyer said:

How times have changed. 

2 months after starting this thread, we appear to be headed into a deeper recession than the Asian Financial Crisis or the GFR.

https://www.channelnewsasia.com/news/business/covid19-circuit-breaker-more-pain-for-singapore-economy-12617954

Even the name of the virus has been changed to COVID-19!

Er......i told you? 🤭

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